NOT LISTED FOR SALE

740 Magalloway Dr Cary, NC 27519

Carpenter Neighborhood

Estimated Value: $1,219,000 - $1,350,599

6 Beds
6 Baths
5,441 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,125,000 $207 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,764/month

1 Day on Market

Highlights

  • Tennis Courts
  • 0.5 Acre Lot
  • Deck
  • Carpenter Elementary Rated A
  • Craftsman Architecture
  • Wood Flooring

About This Home

As of May 2022

Stunning 6 bedroom 6 bath home in desirable Cameron Pond. Open floor plan. First floor quest suite/office. 3rd floor bedroom would make a perfect nanny suite or additional office. BIG Family room and Bonus room. Full walk out basement with wet bar, rec area bedroom,bath and additional space could be a terrific media room. Screened porch, deck and patio. This beautiful home has everything. The floor plan is perfect for entertaining. Close to 540, trails and all the fun things to do in The Triangle!

Last Agent to Sell the Property

Cappy Hagman

Coldwell Banker - HPW License #223898 Listed on: 04/04/2022

Coldwell Banker - HPW

Last Buyer's Agent

Cayce Levine

Berkshire Hathaway HomeService License #283937

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,459

Year Built

  • Built in 2013

Lot Details

  • 0.5 Acre Lot

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • Multi-Level Property
  • Wet Bar
  • Bookcases
  • Coffered Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Laundry on upper level

Kitchen

  • Butlers Pantry
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Tennis Courts
  • Deck
  • Patio

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

Overview

  • Omega Property Management Association
  • Cameron Pond Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,459

Year Built

Built in 2013

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Year Built: 2013
  • Prop. Type: Residential
  • Subdivision Name: Cameron Pond
  • Above Grade Finished Sq Ft: 4095.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Irredular
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 3
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Architectural Style Craftsman: Yes
  • Levels MultiSplit: Yes
  • Basement Heated3: Yes
  • General Property Information Above Grade Finished Area: 4095.0
  • General Property Information Below Grade Finished Area: 1346.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Lot Size Acres: 0.5
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Butler's Pantry, Coffered Ceiling(s), Entrance Foyer, Granite Counters, Pantry, Separate Shower, Walk-In Closet(s), Wet Bar
  • Basement: Crawl Space, Exterior Entry, Finished, Full, Heated, Interior Entry
  • Appliances: Gas Cooktop, Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1346.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances:Gas Cooktop: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Acres: 0.5
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 685.0
  • Association Fee Frequency: Annually
  • Association Name: Omega Property Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Omega Property Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Tennis Courts: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 685.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: Irredular
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7459.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2022
Closed on
May 11, 2022
Sold by
Armstrong Dena C and Armstrong Michael Don
Bought by
Vancza Michelle and Vancza Eric
Seller's Agent
Cappy Hagman
Coldwell Banker - HPW
Buyer's Agent
Cayce Levine
Berkshire Hathaway HomeService
Sold Price
$1,125,000
Current Estimated Value
$1,294,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,650
Avg. Annual Appreciation
4.19%
Original Mortgage
$787,500
Outstanding Balance
$748,242
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$546,408

Purchase Details

Closed on
Sep 30, 2013
Sold by
Terramor Homes Inc
Bought by
Armstrong Dena C and Armstrong Don Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,351
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2012
Sold by
Cameron Pond Investors Llc
Bought by
Terramor Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 14, 2011
Sold by
Impact/Cameron Pond Llc
Bought by
Cameron Pond Investors Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vancza Michelle $1,125,000 Setliff Law Firm Pllc
Armstrong Dena C $632,000 None Available
Terramor Homes Inc $440,000 None Available
Cameron Pond Investors Llc $989,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vancza Michelle $787,500
Previous Owner Armstrong Dena C $600,351
Previous Owner Terramor Homes Inc $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,125,000 -- --
05/16/2022 05/16/22 Sold $1,125,000 -- $207 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,115 $1,177,836 $275,000 $902,836
2024 $9,896 $1,177,836 $275,000 $902,836
2023 $7,494 $745,935 $133,400 $612,535
2022 $7,215 $745,935 $133,400 $612,535
2021 $7,069 $745,935 $133,400 $612,535
2020 $7,106 $745,935 $133,400 $612,535
2019 $6,751 $628,618 $110,400 $518,218
2018 $6,334 $628,618 $110,400 $518,218
2017 $6,086 $628,618 $110,400 $518,218
2016 $5,995 $628,618 $110,400 $518,218
2015 $6,440 $652,074 $156,200 $495,874
2014 $6,071 $652,074 $156,200 $495,874
Source: Public Records

Agents Affiliated with this Home

  • Cappy Hagman

    Seller's Agent in 2022

    Cappy Hagman

    Coldwell Banker - HPW

    (919) 937-7104

    1 in this area

    55 Total Sales

    Cappy Hagman
    Section Image
  • Cayce Levine

    Buyer's Agent in 2022

    Cayce Levine

    Berkshire Hathaway HomeService

    (919) 859-3300

    2 in this area

    71 Total Sales

    Cayce Levine
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2440383

Doorify MLS

APN: 0735.03-21-3848-000

North Carolina Wake County Cary 27519 Carpenter

740 Magalloway Dr, Cary, NC

This home is located at 740 Magalloway Dr, Cary, NC 27519 since 04 April 2022 and is currently estimated at $1,294,650, approximately $237 per square foot. This property was built in 2013. 740 Magalloway Dr is a home located in Wake County with nearby schools including Carpenter Elementary, Alston Ridge Middle School, and Panther Creek High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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